US stocks may experience a pullback as S&P 500 rises 25% in 5 months; potential bubble or bull run debate continues.
US stocks may experience a pullback despite remaining unclear if equities are in a bubble or strong bull run. The S&P 500 has risen over 25% in the past five months, a phenomenon occurring only 10 times since the 1930s. Some investors believe the nearly uninterrupted market ascent signals a potential pullback. While bullish investors attribute the gains to strong fundamentals, such as a strong US economy, expectations of Federal Reserve rate cuts, and excitement around AI, others fear a potential bubble and recession.
March 12, 2024
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